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Alphachips to issue CB worth W10b

Aug. 24, 2016 - 17:36 By 윤정현
[DISCLOSURE] Alphachips (117670) said on Aug. 24 that it has decided to issue convertible bonds worth 10 billion won (US$8.9 million million) for capital increase. 

The newly issued bonds will be offered to Lium Curation with the interest rate standing at 6 percent. The maturity date is Nov. 30, 2019 and the conversion price is 12,000 won.

By Yun Jeong-hyeon (clareyun@heraldcorp.com)